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No Deposit Bonus or Deposit Bonus: Which Is The Best?

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Online casinos can be confusing. Even if you play regularly, their bonuses, such as no deposit slots, can leave you wondering which option is best for you.

Naturally, most of the time you want to try all the bonuses available. However, due to only being able to take one bonus out at a time, you need to select the best bonuses for you and your needs. After all, not all casino bonuses are made equal.

Some casinos will offer a free no deposit bonus just for signing up, while others will ask for a minimum deposit to unlock free spins and/or bonus funds.

To most people, free money sounds the better option — you don’t have to spend a penny yet you get extras to enjoy, surely it’s a win-win? Although no deposit deals are often worthwhile, they can come with terms and conditions that are more rigid than their deposit bonus counterparts.

Consequently, you need to thoroughly read through the terms and conditions to understand exactly what you’re getting, before then assessing whether you want to opt in.

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What Is A No Deposit Bonus?

This might seem like a redundant question — a no deposit bonus means you spend no money but get a freebie anyway. Even though this is true, there’s a lot more to these deals than what the name suggests.

Most notably, what they offer tends to be much lower in value than their other promos. Given the fact that casinos are giving away a bonus for nothing, offering a small incentive makes sense. Nonetheless, while these bonuses are smaller in value, they tend to come with larger wagering requirements.

Again, this comes back to the fact that they’re freebies. A lot of casinos will include an above average wagering requirement for their no deposit deals, with some casinos setting it at a staggering x100. Considering that the average is x35-x40, this is a huge increase. Consequently, no deposit bonuses can become extremely predictable and limiting.

What Is A Deposit Bonus?

Much like with a no deposit bonus, a deposit bonus does what it says: it gifts you an extra when you add cash to your casino account.

However, unlike with no deposit bonuses, these prizes tend to be much larger in size. Furthermore, many casinos add free spins into the mix to further sweeten the deal. If free spins are included, they tend to be for the most popular slot machines, which arguably gives you a greater incentive to carry on playing.

Without naming one specific casino, on average users will deposit between £10-£20 to unlock a deposit bonus. What is more, they’ll normally include a more reasonable wagering requirement than no deposit deals, with the industry average being between x35-x40. Please note, however, that there’s always exceptions to this rule.

Getting Both Bonuses?

Every now and again, an online slots casino will use both a no deposit and deposit bonus scheme to reward new members, meaning that you end up with both deals without having to choose.

However, generally speaking, no deposit bonuses are a lot rarer than deposit bonuses, and they normally yield far less benefits. Therefore, if you’re looking for a casino that heavily rewards its loyal customers, you will want to think about longevity instead of cheapness.

For example, a 100% deposit bonus will work out better than a 10 free spins no deposit deal. This is because you’ll begin your experience with more money by opting for the deposit bonus, whereas with the no deposit deal you’re limited to those free spins before having to pay anyway.

Final Thoughts For No Deposit vs Deposit Bonuses

When it comes to which bonus is best for you, the decision ultimately comes down to your personal preferences and disposable income.

That being said, for those who want to get the best out of their iGaming experience, it’s always wise to seek out bonuses that deliver the most returns over a longer period of time. Think quality over quantity. Yes, an instant fix sounds great, but it’s short lived, whereas a gradual release of extras will last longer and likely win you more cash. Some free slots games that come with deposit and free spins can be accessed from the above link.